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Entertainment Businesses Adopt New Approaches for Streaming age

November 05, 2019 / prnewswire

As video streaming grows to dominate media consumption, companies are on the lookout for new ways to profit from the burgeoning trend. Wonderfilm Media Corporation (TSX-V: WNDR) (OTCQB: WDRFF) (WDRFF Profile) has developed a low-risk approach to content production by providing original works with top Hollywood talent. Apple Inc. (NASDAQ:AAPL) is launching its new TV+ service with a slew of big-name stars and big-budget productions. Netflix Inc. (NASDAQ:NFLX) continues to be a dominant player, with a strong mix of original and established content. The Walt Disney Company (NYSE:DIS) is using its range of high-profile entertainment brands to carve out its own place in the market. Lions Gate Entertainment Corporation (NYSE:LGF.A), which has produced content for other streamers, now has its own Latinx platform in the successful Pantaya. Leading streaming services are now valued in the billions of dollars. Original content is critical to success, creating opportunities for new production com...